Access Bank GhanaXGHA:ACCESS 47 Return-on-Tangible-Equity is 21.87% as of Mar. 2026, which is 10% above its 10-year median of 19.81. GuruFocus rates XGHA:ACCESS with a GF Score™ of 47/100 and a GF Value™ of GHS13.78 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,523 Banks companies, Access Bank Ghana ranks worse than 53.71% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Access Bank Ghana's annualized net income for the quarter that ended in Mar. 2026 was GHS456 Mil. Access Bank Ghana's average shareholder tangible equity for the quarter that ended in Mar. 2026 was GHS2,084 Mil. Therefore, Access Bank Ghana's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 21.87%.
The historical rank and industry rank for Access Bank Ghana's Return-on-Tangible-Equity or its related term are showing as below:
XGHA:ACCESS'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.17 Med: 19.81 Max: 53.89
Current: 10.66
During the past 11 years, Access Bank Ghana's highest Return-on-Tangible-Equity was 53.89%. The lowest was -29.17%. And the median was 19.81%.
XGHA:ACCESS's Return-on-Tangible-Equity is ranked worse than 53.71% of 1523
companies
in the Banks industry
Industry Median: 11.2
vs XGHA:ACCESS: 10.66
Access Bank Ghana (XGHA:ACCESS) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Access Bank Ghana Return-on-Tangible-Equity Related Terms
Access Bank Ghana Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Access Bank Ghana's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
XGHA:ACCESS vs PNC: Return-on-Tangible-Equity Comparison
For the Banks - Regional subindustry, Access Bank Ghana's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Access Bank Ghana Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Access Bank Ghana's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Access Bank Ghana's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 21.87% mean?
Access Bank Ghana (XGHA:ACCESS) has a Return-on-Tangible-Equity of 21.87% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Access Bank Ghana and its competitors. This is 10% above median its historical median of 19.81. According to the industry distribution chart, Access Bank Ghana ranks #818 out of 1523 companies in the Banks industry, placing it in the top 53.7%.
Is Access Bank Ghana's Return-on-Tangible-Equity too high?
Access Bank Ghana's current Return-on-Tangible-Equity of 21.87% is 10% above median its 10-year median of 19.81. The Banks industry median Return-on-Tangible-Equity is 11.20. Access Bank Ghana's value of 21.87% is 95.3% above this industry median. Based on the distribution chart, Access Bank Ghana ranks #818 out of 1523 companies in the Banks industry, which is below the industry midpoint. Overall, Access Bank Ghana has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Access Bank Ghana's Return-on-Tangible-Equity compare to PNC?
According to the Banks industry distribution chart, Access Bank Ghana ranks #818 out of 1523 companies for Return-on-Tangible-Equity. This places Access Bank Ghana in the lower half of its industry. The industry median Return-on-Tangible-Equity is 11.20. Access Bank Ghana's value of 21.87% is 95.3% above this benchmark. While the company's 10-year median is 19.81 vs. the industry median of 11.20, Access Bank Ghana has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.20, based on 1,523 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Access Bank Ghana's current Return-on-Tangible-Equity of 21.87% is 95.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Access Bank Ghana and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Access Bank Ghana's current Return-on-Tangible-Equity is 21.87%, which is 10% above median its own 10-year median of 19.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Access Bank Ghana stock overvalued right now?
Based on GuruFocus' analysis, Access Bank Ghana (XGHA:ACCESS) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS13.78, compared to a current price of GHS31.90 — trading 131.5% above its estimated fair value. The current Return-on-Tangible-Equity is 21.87%, which is 10% above median its 10-year median of 19.81 and 95.3% above the Banks industry median of 11.20. Access Bank Ghana's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Access Bank Ghana (XGHA:ACCESS), the current Return-on-Tangible-Equity is 21.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Access Bank Ghana (XGHA:ACCESS) Overvalued in 2026?
Based on GuruFocus' analysis, Access Bank Ghana stock appears to be overvalued.
The current stock price of GHS31.90 is trading 131.5% above its estimated GF Value™ of GHS13.78.
GuruFocus considers Access Bank Ghana to be Significantly Overvalued.
Key valuation signals for XGHA:ACCESS:
Return-on-Tangible-Equity: 21.87% (10% above median its 10-year median of 19.81)
GF Value™: GHS13.78 vs. price of GHS31.90 (131.5% above fair value)
Industry Position: 95.3% above the Banks median (#818 of 1523)
No single metric tells the full story. See the XGHA:ACCESS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Access Bank Ghana PLC is a Ghana-based commercial bank. The bank provides universal banking services including Retail Banking, Commercial Banking, Business Banking, Personal Banking, and Exclusive Banking. It also provides support for financing landmark projects in the private and public sectors. It provides services to Corporate, Commercial, Retail customers, and Financial Institutions across Ghana. The company's segments include Institutional Banking, Commercial Banking, Personal, and Business Banking, and Treasury.
47GF Score
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